NYSE:CFR - Cullen/Frost Bankers Stock Price, Price Target & More

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$112.76 +0.97 (+0.87 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$111.79
Today's Range$110.14 - $112.84
52-Week Range$81.09 - $121.66
Volume306,900 shs
Average Volume424,304 shs
Market Capitalization$7.08 billion
P/E Ratio20.51
Dividend Yield2.41%
Beta1.31
Cullen/Frost Bankers logoCullen/Frost Bankers, Inc. operates as the holding company for Frost Bank that offers commercial and consumer banking services in Texas. The company operates in two segments, Banking and Frost Wealth Advisors. It provides commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction, equipment, inventories and accounts receivable, and acquisition financing; commercial leasing; and treasury management services. The company also offers consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. Its international banking services comprise accepting deposits, making loans, issuing letter of credits, handling foreign collections, transmitting funds, and dealing in foreign exchange. In addition, the company acts as correspondent for approximately 203 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services consisting of sales and trading, new issue underwriting, money market trading, advisory services, and securities safekeeping and clearance; and supports international business activities. Further, it offers insurance and securities brokerage services; holds securities for investment purposes; and provides loans to qualified borrowers, as well as offers investment management services to Frost-managed mutual funds, institutions, and individuals. The company operates approximately 134 financial centers and approximately 1,300 ATMs in Texas. It serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:CFR
CUSIP22989910
Phone210-220-4011

Debt

Debt-to-Equity Ratio0.08
Current Ratio0.65
Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio20.51
Forward P/E Ratio16.73
P/E Growth1.73

Sales & Book Value

Annual Sales$1.23 billion
Price / Sales5.85
Cash Flow$7.9633 per share
Price / Cash14.16
Book Value$49.68 per share
Price / Book2.27

Profitability

EPS (Most Recent Fiscal Year)$5.45
Net Income$364.14 million
Net Margins30.40%
Return on Equity12.34%
Return on Assets1.23%

Miscellaneous

Employees4,270
Outstanding Shares63,800,000
Market Cap$7,084.66

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Cullen/Frost Bankers (NYSE:CFR) Frequently Asked Questions

What is Cullen/Frost Bankers' stock symbol?

Cullen/Frost Bankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFR."

How often does Cullen/Frost Bankers pay dividends? What is the dividend yield for Cullen/Frost Bankers?

Cullen/Frost Bankers declared a quarterly dividend on Friday, April 27th. Stockholders of record on Thursday, May 31st will be paid a dividend of $0.67 per share on Friday, June 15th. This represents a $2.68 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Wednesday, May 30th. This is an increase from Cullen/Frost Bankers's previous quarterly dividend of $0.57. View Cullen/Frost Bankers' Dividend History.

How will Cullen/Frost Bankers' stock buyback program work?

Cullen/Frost Bankers declared that its board has authorized a stock buyback program on Thursday, October 26th 2017, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 2.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's management believes its stock is undervalued.

How were Cullen/Frost Bankers' earnings last quarter?

Cullen/Frost Bankers, Inc. (NYSE:CFR) announced its earnings results on Thursday, April, 26th. The bank reported $1.61 EPS for the quarter, topping the Zacks' consensus estimate of $1.49 by $0.12. The bank had revenue of $321.20 million for the quarter, compared to analyst estimates of $339.53 million. Cullen/Frost Bankers had a return on equity of 12.34% and a net margin of 30.40%. The company's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.28 EPS. View Cullen/Frost Bankers' Earnings History.

When is Cullen/Frost Bankers' next earnings date?

Cullen/Frost Bankers is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Cullen/Frost Bankers.

What price target have analysts set for CFR?

15 equities research analysts have issued 1 year price objectives for Cullen/Frost Bankers' stock. Their forecasts range from $91.00 to $125.00. On average, they expect Cullen/Frost Bankers' stock price to reach $110.5417 in the next twelve months. This suggests that the stock has a possible downside of 2.0%. View Analyst Ratings for Cullen/Frost Bankers.

What is the consensus analysts' recommendation for Cullen/Frost Bankers?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 2 sell ratings, 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Cullen/Frost Bankers stock?

Here are some recent quotes from research analysts about Cullen/Frost Bankers stock:
  • 1. According to Zacks Investment Research, "Shares of Cullen/Frost have outperformed the industry over the past six months. While earnings estimates for the soon-to-be-reported quarter have not seen any revision lately, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in three out of the trailing four quarters. With a rising interest-rate environment and improving non-interest bearing deposits, the company's net interest income and net interest margin are expected to grow. The company's strong liquidiy position keeps it well poised for opportunistic expansions. Also, its steady capital-deployment activities reflect robust balance-sheet position. However, the company’s risky loan portfolio and escalating costs stemming, mainly from expanding franchise, are likely to deter bottom-line growth to some extent." (7/12/2018)
  • 2. Maxim Group analysts commented, "1Q18 EPS of $1.61 beat consensus of $1.48, with solid loan growth (1.7% linked-quarter), a 13bp increase in the adjusted NIM, and stable expenses. We are raising our 2018 EPS estimate to $6.45, from $6.25, due to the 1Q18 beat and an improved outlook. Based on our new 2018 EPS estimate, we are raising our price target to $125, from $120. Our new price target equates to 19.4x our new 2018 EPS estimate, which is inline with other best-in-class mid- cap banks." (4/26/2018)

Who are some of Cullen/Frost Bankers' key competitors?

Who are Cullen/Frost Bankers' key executives?

Cullen/Frost Bankers' management team includes the folowing people:
  • Mr. Phillip D. Green, Chairman & CEO (Age 63)
  • Mr. Paul H. Bracher, Pres (Age 61)
  • Mr. Jerry Salinas, Group Exec. VP & CFO (Age 59)
  • Mr. William L. Perotti, Group Exec. VP & Chief Risk Officer of Frost Bank (Age 60)
  • Mr. Michael E. Russell, Group Exec. VP & COO (Age 61)

Has Cullen/Frost Bankers been receiving favorable news coverage?

Headlines about CFR stock have trended somewhat positive on Tuesday, according to Accern Sentiment. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cullen/Frost Bankers earned a media sentiment score of 0.14 on Accern's scale. They also gave press coverage about the bank an impact score of 45.22 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Cullen/Frost Bankers' major shareholders?

Cullen/Frost Bankers' stock is owned by a number of of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (0.25%), Confluence Investment Management LLC (0.24%), Montrusco Bolton Investments Inc. (0.19%), Kempner Capital Management Inc. (0.15%), Ledyard National Bank (0.13%) and Spence Asset Management (0.10%). Company insiders that own Cullen/Frost Bankers stock include Annette M Alonzo, Bobby Berman, Candace K Wolfshohl, Gary C Mcknight, Graham M Weston, Jack A Wood, Jerry Salinas, Jimmy Stead, Patrick B Frost, Paul Bracher, Phillip D Green, R Denny Alexander, Richard Kardys, Samuel G Dawson and William L Perotti. View Institutional Ownership Trends for Cullen/Frost Bankers.

Which institutional investors are selling Cullen/Frost Bankers stock?

CFR stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Bank of Montreal Can, Ledyard National Bank, First National Bank of Omaha, Rowland & Co. Investment Counsel ADV, Neville Rodie & Shaw Inc., Capital One National Association and Kempner Capital Management Inc.. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Annette M Alonzo, Bobby Berman, Candace K Wolfshohl, Gary C Mcknight, Jerry Salinas, Jimmy Stead, Paul Bracher, R Denny Alexander and William L Perotti. View Insider Buying and Selling for Cullen/Frost Bankers.

Which institutional investors are buying Cullen/Frost Bankers stock?

CFR stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Founders Capital Management, Fox Run Management L.L.C., Confluence Investment Management LLC, Spence Asset Management, Clinton Group Inc., State of Alaska Department of Revenue and Montrusco Bolton Investments Inc.. Company insiders that have bought Cullen/Frost Bankers stock in the last two years include Graham M Weston and Samuel G Dawson. View Insider Buying and Selling for Cullen/Frost Bankers.

How do I buy shares of Cullen/Frost Bankers?

Shares of CFR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cullen/Frost Bankers' stock price today?

One share of CFR stock can currently be purchased for approximately $112.76.

How big of a company is Cullen/Frost Bankers?

Cullen/Frost Bankers has a market capitalization of $7.08 billion and generates $1.23 billion in revenue each year. The bank earns $364.14 million in net income (profit) each year or $5.45 on an earnings per share basis. Cullen/Frost Bankers employs 4,270 workers across the globe.

How can I contact Cullen/Frost Bankers?

Cullen/Frost Bankers' mailing address is 100 W HOUSTON ST, SAN ANTONIO TX, 78205. The bank can be reached via phone at 210-220-4011 or via email at [email protected]


MarketBeat Community Rating for Cullen/Frost Bankers (NYSE CFR)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  253 (Vote Outperform)
Underperform Votes:  664 (Vote Underperform)
Total Votes:  917
MarketBeat's community ratings are surveys of what our community members think about Cullen/Frost Bankers and other stocks. Vote "Outperform" if you believe CFR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CFR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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